VG Auto, Inc. receives a PPP loan between $150K-$350K on June 8
VG Auto, Inc. received a Paycheck Protection Program loan between $150,000 to 350,000 on June 8, according to the US Treasury Department.
There were 65 PPP loans issued in Illinois during the week ending June 14. The average loan size in the state was between $150,000 to 350,000.
There are approximately five million approved PPP loans with a total of $517,451,965,102 set aside for funding, according to the Small Business Administration. The average loan size was around $105,000 with over 5,000 lenders currently participating in the program.
The program was slow to get off the ground when it was crushed by an onslaught of would-be applicants. Another major criticism of the program pertained to who was receiving the loans. A program that was meant for small businesses witnessed the Los Angeles Lakers receive $4.6 million from the program. The Lakers qualified for the program under the rules as written but returned the funds according to a Laker’s statement provided to news outlets.
| Recipients | Date Received | Dollar Amount Received |
|---|---|---|
| Chestnut Mountain SKI Resort, LLC | 2020-06-08 | $350,000-1 million |
| Deines-Nitz Solutions, LLC | 2020-06-08 | $350,000-1 million |
| Gutnicki, LLP | 2020-06-08 | $350,000-1 million |
| Kitamura Machinery of U. , Inc. , S.A. | 2020-06-08 | $350,000-1 million |
| Honey Butter Fried Chicken, LLC | 2020-06-08 | $150,000-350,000 |
| Midwest Property Services, Inc. | 2020-06-08 | $150,000-350,000 |
| New Einsteins-Ravenswood, Inc. | 2020-06-08 | $150,000-350,000 |
| Owens Supply Company, LLC | 2020-06-08 | $150,000-350,000 |
| Purcell & Wardrope | 2020-06-08 | $150,000-350,000 |
| Saint Germain Foundation | 2020-06-08 | $150,000-350,000 |
| VG Auto, Inc. | 2020-06-08 | $150,000-350,000 |
| General Grind and Machine, Inc. | 2020-06-09 | $1-2 million |
| Go to Logistics, Inc. | 2020-06-09 | $1-2 million |
| Widman, Inc. | 2020-06-09 | $1-2 million |
| HCI Marketing, LLC | 2020-06-09 | $350,000-1 million |
| NGP Condata, LLC | 2020-06-09 | $350,000-1 million |
| Bowman & Associates, Inc. | 2020-06-09 | $150,000-350,000 |
| Hyde Park Produce, Ltd. | 2020-06-09 | $150,000-350,000 |
| Vive! Therapeutic Massage, LLC | 2020-06-09 | $150,000-350,000 |
| Rochelle Community Hospital Association | 2020-06-10 | $1-2 million |
| Alloy Mechanical, Inc. | 2020-06-10 | $350,000-1 million |
| Dao Inky, LLC | 2020-06-10 | $350,000-1 million |
| Johannes Bus Service, Inc. | 2020-06-10 | $350,000-1 million |
| Professional Services in Health Psychology, Ltd. | 2020-06-10 | $350,000-1 million |
| Area Material, Inc. | 2020-06-10 | $150,000-350,000 |
| Divine Covenant World Ministries, Inc. | 2020-06-10 | $150,000-350,000 |
| Elgin Entertainment, Inc. | 2020-06-10 | $150,000-350,000 |
| Global Capital Resources Corporation | 2020-06-10 | $150,000-350,000 |
| Greg Walker Adjustments, Inc. | 2020-06-10 | $150,000-350,000 |
| Lemont Scrap Processing, Ltd. | 2020-06-10 | $150,000-350,000 |
| Wright-Way Rescue | 2020-06-10 | $150,000-350,000 |
| and Company Chicago Catering, Inc. , D.O. | 2020-06-11 | $2-5 million |
| Labor Solutions, LLC | 2020-06-11 | $1-2 million |
| Aperion Care Capitol, LLC | 2020-06-11 | $350,000-1 million |
| Aperion Care Marseilles, LLC | 2020-06-11 | $350,000-1 million |
| Aperion Care Morton Villa, LLC | 2020-06-11 | $350,000-1 million |
| Aperion Care Peoria Heights, LLC | 2020-06-11 | $350,000-1 million |
| Aperion Care West Chicago, LLC | 2020-06-11 | $350,000-1 million |
| M-1 Tool Works, Inc. | 2020-06-11 | $350,000-1 million |
| Adams and People | 2020-06-11 | $150,000-350,000 |
| Aloha Construction, Inc. | 2020-06-11 | $150,000-350,000 |
| Chicago Jewish Funerals | 2020-06-11 | $150,000-350,000 |
| Clay Electric Cooperative, Inc. | 2020-06-11 | $150,000-350,000 |
| Clevenger Contractors, Inc. | 2020-06-11 | $150,000-350,000 |
| Parkside, Inc. | 2020-06-11 | $150,000-350,000 |
| USA Trans Group, Inc. | 2020-06-11 | $150,000-350,000 |
| United Maintenance Company, Inc. | 2020-06-12 | $5-10 million |
| United Security Services, Inc. | 2020-06-12 | $2-5 million |
| Regal Cutting Tools, Inc. | 2020-06-12 | $1-2 million |
| UZB Freight, Inc. | 2020-06-12 | $1-2 million |
| Yg-1 America, Inc. | 2020-06-12 | $1-2 million |
| Anova Logistics, LLC | 2020-06-12 | $350,000-1 million |
| RCM Company-Op | 2020-06-12 | $350,000-1 million |
| Systemsaccountants, Inc. | 2020-06-12 | $350,000-1 million |
| Accounting Care Organization | 2020-06-12 | $150,000-350,000 |
| Arena Lanes | 2020-06-12 | $150,000-350,000 |
| Brand Riffs, Inc. | 2020-06-12 | $150,000-350,000 |
| CS Express, Inc. | 2020-06-12 | $150,000-350,000 |
| Dalv, Inc. | 2020-06-12 | $150,000-350,000 |
| N the Ruff, Inc. | 2020-06-12 | $150,000-350,000 |
| Rock Island Supportive Living, LLC | 2020-06-12 | $150,000-350,000 |
| Visions, LLC | 2020-06-12 | $150,000-350,000 |
| Wheaton Medical School | 2020-06-12 | $150,000-350,000 |
| Finished Metals, Inc. | 2020-06-13 | $150,000-350,000 |
| Gap Global, Inc. | 2020-06-14 | $150,000-350,000 |